menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 12: Production and Growth: Productivity Its Role and Determinants
  5. Question
    In a Market Economy,we Know That a Resource Has Become
Solved

In a Market Economy,we Know That a Resource Has Become

Question 109

Question 109

Multiple Choice

In a market economy,we know that a resource has become scarcer when


A) its price rises relative to other prices.
B) it is non-renewable and some of it is used.
C) people search for substitutes.
D) All of the above are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q104: You and your friend work together for

Q105: Gramp's Potato Chips produces 2560 bags of

Q106: Suppose there are constant returns to scale.Now

Q107: Dilbert's Incorporated produced 5,000,000 units of accounting

Q108: In which of the following cases can

Q110: Which of the following is a correct

Q111: Which of the following best illustrates the

Q112: An economy's production function has the constant-returns-to-scale

Q113: Which of the following statements about inputs

Q114: Suppose that in some country the price

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines